article thumbnail

Lead Generation: How To Turn Interest Into a Sale

Salesforce Marketing Cloud

You can start by publishing blog posts that educate your audience and engaging users through social media. What do I know about their budget or buying authority? Cost per lead (CPL): Calculate the cost incurred for acquiring a single lead, dividing the total spend by the number of leads generated.

article thumbnail

60 Marketing Acronyms Every Industry Pro Should Know

Hubspot

A = Authority: Determines whether your prospect has the authority to make a purchasing decision. N = Need: Determines whether there''s a business need for what you''re selling. T = Timeline: Determines the time frame for implementation. The BANT formula was originally developed by IBM several decades ago.